24/7 Wall St. » BPSG

Top Day Trader Alerts (ELRN, EXEL, LIFE, THQI, KG, BPSG, WCG, VPHM)

247wallst — Wed, 29 Jul 2009 13:09:02 +0000

The following are some of the top stocks to watch for active trading today based on pre-market and after-hours volume activity. There are links through to more detailed coverage and volume analysis at VSInvestor.com:

Elron Electronic Industries Ltd. (Nasdaq: ELRN) is among the top Nasdsaq gainers on strong volume, after one of its key product received a formal FDA clearance.

Exelixis Inc. (Nasdaq: EXEL) is rallying in the premarket on no news, perhaps hops of a deal coming its way.

Life Technologies Corp. (Nasdaq: LIFE) is rising in the premarket following a large EPS beat.

THQ Inc. (Nasdaq: THQI) is down in active trade following weak revenue guidance.

King Pharmaceuticals Inc. (NYSE: KG) is lower in active premarket trading after the FDA is requiring more study of its Corvue candidate.

Broadpoint Gleacher Securities Group, Inc. (NASDAQ: BPSG) shares are trading lower following a stock offering.

Wellcare Health Plans Inc. (NYSE: WCG) is seeing a large percentage move higher following earnings.

ViroPharma Inc. (Nasdaq: VHPH) shares are up following an earnings beat.

ARM Holdings plc (Nasdaq: ARMH) shares are trading lower on active volume on a revenue shortfall.

-The 24/7 Wall St. Team

Posted in Pre-Market Activity, Trading Alert Tagged: BPSG, ELRN, EXEL, KG, LIFE, THQI, VPHM, WCG

Top Analyst Upgrades (ATHN, BPSG, FWRD, JDAS, MRVL, MWA, SWY, STT)

247wallst — Tue, 09 Jun 2009 11:39:32 +0000

These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Tuesday morning with about two hours until the market opens:

athenahealth (ATHN) Raised to Outperform at Blair.
Broadpoint Securities (BPSG) Started as Outperform at KBW.
Forward Air (FWRD) Raised to Buy at KeyBanc.
JDA Software (JDAS) Started as Outperform at JMP Securities.
Marvell (MRVL) Raised to Outperform at JMP Securities.
Mueller Water (MWA) Raised to Perform at Oppenheimer.
Safeway (SWY) Raised to Buy at Jefferies.
State Street (STT) Started as Outperform at Bernstein.

JON C. OGG

Posted in Analyst Calls Tagged: ATHN, BPSG, FWRD, JDAS, MRVL, MWA, STT, SWY

Broadpoint Securities Registers Shares Tied To Recent Private Placement (BPSG, FACT)

247wallst — Wed, 02 Apr 2008 10:29:04 +0000

Broadpoint Securities (NASDAQ: BPSS) has filed on behalf of stockholders a securities offering whereby an aggregate of 7.058 million shares of common stock for a total maximum price of $12.352 million.

The independent boutique investment bank will not receive any proceeds from the offering. This securities registration is tied to a private placement that Broadpoint sold to accredited investors in early March.

We frequently discuss secondary offerings, special financings, restructurings, insider activity, activist investor trends, IPO’s, back door plays into IPO’s, SPAC’s, spin-offs, and more on our open email distribution list.

Broadpoint has a $127 million market cap and had recently completed some private placements of securities. For those of you who aren’t familiar with Broadpoint, this is the one that used to First Albany Securities that used to trade as "FACT" on NASDAQ.

Its 52-week trading range is $0.99 to $1.96. Back in 2005 this was north of $5.00 and back in 2003 and 2004 this traded north of $15.00 for a brief period of time.

Rachel Lopez
April 2, 2008